Business

Academic public policy expert Jack Mintz believes oil prices could strengthen later this decade as investment in new projects fails to keep up with the depletion of oil in existing wells. (Black Press file photo).

Alberta’s oil prices could be driven up by lagging investment in the energy sector, says expert

Jack Mintz spoke on ‘Building Back Better’ in a Red Deer Chamber webinar

Academic public policy expert Jack Mintz believes oil prices could strengthen later this decade as investment in new projects fails to keep up with the depletion of oil in existing wells. (Black Press file photo).
Kim Green, owner of Altitude Spa in Ponoka. (Ponoka News/file photo)
Kim Green, owner of Altitude Spa in Ponoka. (Ponoka News/file photo)
A street sign along Bay Street in Toronto's financial district is shown on Tuesday, January 12, 2021. THE CANADIAN PRESS/Nathan Denette

Energy weakness, Couche-Tard news push S&P/TSX composite lower; U.S. markets mixed

Energy weakness, Couche-Tard news push S&P/TSX composite lower; U.S. markets mixed

A street sign along Bay Street in Toronto's financial district is shown on Tuesday, January 12, 2021. THE CANADIAN PRESS/Nathan Denette
Innisfail business Bladez to Fadez Barbershop plans to open its doors Tuesday despite the mandatory COVID-19 restrictions currently in place. (Photo courtesy Bladez to Fadez Barbershop Facebook)

Central Alberta barbershop reopens as ‘pet groomer’

Chamber of Commerce shares the frustration of businesses under lockdown

Innisfail business Bladez to Fadez Barbershop plans to open its doors Tuesday despite the mandatory COVID-19 restrictions currently in place. (Photo courtesy Bladez to Fadez Barbershop Facebook)
Shaw Communications logos are shown on display at the company’s annual meeting in Calgary, Jan. 17, 2019. THE CANADIAN PRESS/Jeff McIntosh

Shaw Communications reports $163M Q1 profit, up from $162M a year ago

Record wireless subscriber growth in the quarter

Shaw Communications logos are shown on display at the company’s annual meeting in Calgary, Jan. 17, 2019. THE CANADIAN PRESS/Jeff McIntosh
Businesses in Red Deer’s downtown are among those facing difficulties during the pandemic. The Alberta Chamber of Commerce is urging the provincial government to look at new ways of safely opening more businesses. (Advocate file photo).
Businesses in Red Deer’s downtown are among those facing difficulties during the pandemic. The Alberta Chamber of Commerce is urging the provincial government to look at new ways of safely opening more businesses. (Advocate file photo).
A sign board in Toronto displays the TSX close on Monday, March 16, 2020. THE CANADIAN PRESS/Frank Gunn

S&P/TSX composite ends strong first week of 2021 by setting record intraday high

S&P/TSX composite ends strong first week of 2021 by setting record intraday high

A sign board in Toronto displays the TSX close on Monday, March 16, 2020. THE CANADIAN PRESS/Frank Gunn

North American stock markets climb to record highs amid Democrat gains in Washington

North American stock markets climb to record highs amid Democrat gains in Washington

Olivia Chaffin, center, walks in the woods with her parents, Doug, left, and Kim Chaffin, as Olivia works on a Girl Scout photography merit badge in Jonesborough, Tenn., on Sunday, Nov. 1, 2020. Olivia, who stopped selling Girl Scout cookies because they contain palm oil says, “I’m not just some little girl who can’t do anything about this. Children can make change in the world. And we’re going to.” (AP Photo/Mark Humphrey)

Child labour in palm oil industry tied to Girl Scout cookies

In some cases, an entire family may earn less in a day than a $5 box of Girl Scout Do-si-dos

  • Jan 4, 2021
Olivia Chaffin, center, walks in the woods with her parents, Doug, left, and Kim Chaffin, as Olivia works on a Girl Scout photography merit badge in Jonesborough, Tenn., on Sunday, Nov. 1, 2020. Olivia, who stopped selling Girl Scout cookies because they contain palm oil says, “I’m not just some little girl who can’t do anything about this. Children can make change in the world. And we’re going to.” (AP Photo/Mark Humphrey)
A Bank of Montreal sign is shown in the financial district in Toronto on Tuesday, August 22, 2017. Canadian companies may have spent the last year laying off staff and dealing with temporary closures stemming from the COVID-19 pandemic, but that isn’t stopping many from rewarding workers this holiday season. Several, including the country’s top banks, say they are planning to thank their staff for a year of hard work with annual bonuses — and some are even topping up the amount. THE CANADIAN PRESS/Nathan Denette

Canadian companies paying bonuses — and even increasing them amid COVID-19

Survey shows 48 per cent planned to offer year-end bonuses this year

A Bank of Montreal sign is shown in the financial district in Toronto on Tuesday, August 22, 2017. Canadian companies may have spent the last year laying off staff and dealing with temporary closures stemming from the COVID-19 pandemic, but that isn’t stopping many from rewarding workers this holiday season. Several, including the country’s top banks, say they are planning to thank their staff for a year of hard work with annual bonuses — and some are even topping up the amount. THE CANADIAN PRESS/Nathan Denette
FILE - In this July 9, 2020 file photo, the Fearless Girl statue stands in front of the New York Stock Exchange in New York. Stocks are off to a mixed start, Thursday, Dec. 31, on Wall Street on the last day of 2020, a year that saw a breathtaking nosedive in markets in the spring as the coronavirus took hold followed by steady gains in the months that followed as hopes built for an eventual return to something like normal. (AP Photo/Mark Lennihan, File)

S&P 500 ends at another record high as tumultuous 2020 ends

Wall Street closed out a tumultuous year for stocks with more record…

FILE - In this July 9, 2020 file photo, the Fearless Girl statue stands in front of the New York Stock Exchange in New York. Stocks are off to a mixed start, Thursday, Dec. 31, on Wall Street on the last day of 2020, a year that saw a breathtaking nosedive in markets in the spring as the coronavirus took hold followed by steady gains in the months that followed as hopes built for an eventual return to something like normal. (AP Photo/Mark Lennihan, File)

S&P/TSX composite index and U.S. indexes rise while oil prices and loonie swell

S&P/TSX composite index and U.S. indexes rise while oil prices and loonie swell

Members of the Abta family, from left, Allison, Violet, Eli, and Ariella hold hens in front of their backyard chicken run in Ross, Calif., on Dec. 15, 2020. The coronavirus pandemic is coming home to roost in America’s backyards. Forced to hunker down at home, more people are setting up coops and raising their own chickens, which provide an earthy hobby, animal companionship and a steady supply of fresh eggs. (AP Photo/Terry Chea)

COVID cluckers: Pandemic feeds demand for backyard chickens

Businesses selling chicks, coops saw surge in demand

  • Dec 30, 2020
Members of the Abta family, from left, Allison, Violet, Eli, and Ariella hold hens in front of their backyard chicken run in Ross, Calif., on Dec. 15, 2020. The coronavirus pandemic is coming home to roost in America’s backyards. Forced to hunker down at home, more people are setting up coops and raising their own chickens, which provide an earthy hobby, animal companionship and a steady supply of fresh eggs. (AP Photo/Terry Chea)
FILE - In this May 3, 2005 file photo, French fashion designer Pierre Cardin presents his exhibition “Design and Fashion 1950- 2005” at the academy for arts in Vienna, Austria. France’s Academy of Fine Arts says famed fashion designer Pierre Cardin has died at 98(AP Photo/Ronald Zak, File)

Maverick French designer Pierre Cardin dies at 98

Fine Arts Academy announced his death in a tweet

  • Dec 29, 2020
FILE - In this May 3, 2005 file photo, French fashion designer Pierre Cardin presents his exhibition “Design and Fashion 1950- 2005” at the academy for arts in Vienna, Austria. France’s Academy of Fine Arts says famed fashion designer Pierre Cardin has died at 98(AP Photo/Ronald Zak, File)
FILE - In this Thursday, Aug. 8, 2019, file photo, a drone flies in a residential neighborhood in Upper Moreland, Pa. Federal officials are outlining new rules that will let operators fly small drones over people and at night. (AP Photo/Matt Rourke, File)

FAA outlines new rules for drones and their operators

Drones are the fastest-growing segment in all of transportation in the U.S.

FILE - In this Thursday, Aug. 8, 2019, file photo, a drone flies in a residential neighborhood in Upper Moreland, Pa. Federal officials are outlining new rules that will let operators fly small drones over people and at night. (AP Photo/Matt Rourke, File)
CanArctic COO Madeleine Redfern poses in an undated handout photo with a sample of the fibre-optic cable at the former Iridium satellite station in Iqaluit, which CanArctic proposes to repurpose as its cable landing station. THE CANADIAN PRESS/HO-Natalie Maerzluft,

Company plans to build $107M fibre-optic cable from Newfoundland to Nunavut

Internet services in Nunavut currently run through satellite

CanArctic COO Madeleine Redfern poses in an undated handout photo with a sample of the fibre-optic cable at the former Iridium satellite station in Iqaluit, which CanArctic proposes to repurpose as its cable landing station. THE CANADIAN PRESS/HO-Natalie Maerzluft,
Workers leave the General Motors plant in Oshawa, Ont. on the final day of production on Wednesday, December 18, 2019. One of the biggest signs that the labour movement has its wind at its back is the revitalization of General Motors’ plant in Oshawa, Ont. during negotiations with Unifor.THE CANADIAN PRESS/Aaron Vincent Elkaim

Unions see opportunity as new generation of organizers emerge amid pandemic

Labour activists using creative techniques to get their message out

Workers leave the General Motors plant in Oshawa, Ont. on the final day of production on Wednesday, December 18, 2019. One of the biggest signs that the labour movement has its wind at its back is the revitalization of General Motors’ plant in Oshawa, Ont. during negotiations with Unifor.THE CANADIAN PRESS/Aaron Vincent Elkaim
A sign board in Toronto displays the TSX close on Monday March 16, 2020. THE CANADIAN PRESS/Frank Gunn

S&P/TSX composite up as dollar, energy, materials and health-care sectors rise

S&P/TSX composite up as dollar, energy, materials and health-care sectors rise

A sign board in Toronto displays the TSX close on Monday March 16, 2020. THE CANADIAN PRESS/Frank Gunn
A man works in the broadcast centre at the TMX Group Ltd. in Toronto, on May 9, 2014. THE CANADIAN PRESS/Darren Calabrese

Technology sector boosts TSX as Lightspeed climbs, U.S. stock markets mixed

Technology sector boosts TSX as Lightspeed climbs, U.S. stock markets mixed

A man works in the broadcast centre at the TMX Group Ltd. in Toronto, on May 9, 2014. THE CANADIAN PRESS/Darren Calabrese
A sign board in Toronto displays the TSX close on Monday March 16, 2020. THE CANADIAN PRESS/Frank Gunn

North American markets fall despite record start as U.S. stimulus talks hit snag

North American markets fall despite record start as U.S. stimulus talks hit snag

A sign board in Toronto displays the TSX close on Monday March 16, 2020. THE CANADIAN PRESS/Frank Gunn